Three of Australia's four largest banks — ANZ, Commonwealth Bank, and NAB — now predict the Reserve Bank of Australia (RBA) will hold rates steady through the rest of this year before cutting them in mid-2027, a shift driven by signs that aggressive monetary tightening is bringing inflation under control. Westpac remains the outlier, forecasting further rate hikes in August and September before any cuts as late as 2028. Separately, ABC managing director Hugh Marks acknowledged the national public broadcaster has learned lessons from a string of costly legal defeats, saying management practices have changed since those losses.